Distressed Companies

A strong team (17 lawyers, including 5 partners) well-versed in the very technical problems of this area and also able to deal with the broad issues necessarily involving other areas of law, is available to our clients.

This team thus works closely with the firm’s other departments (employment law, company law - mergers-acquisitions, tax law, intellectual property law, etc.) so as to offer a seamless service within the very tight time periods required for this type of matter.

The team consists of lawyers with lengthly experience in this area generally having degrees in law, but also in other areas: business, accounting, finance, as well as a thorough understanding of the issues companies may have and, a strong mastery of financial matters.

We give special attention to human factors within and around a business or company.

Cornet Vincent Ségurel has thorough knowledge of the courts having jurisdiction and actors in the area (court-appointed receivers or administrators (trustees), court-appointed referees, bankers, specialised financial partners, accountants, law professors, etc.) across the whole country.

This knowledge stems, in particular, from contacts established over a number of years in connection with various matters and participation in events relating to this area of practice, as well as professional associations (for example, the French Institute of Practitioners in Insolvency Proceedings).

The team includes bilingual lawyers, especially in English, and works with specialised correspondents from a network of international law firms, of which Cornet Vincent Ségurel is a member, and with which it works on matters which have international implications.

All of the foregoing make it possible for lawyers involved in restructurings and reorganizations to gain a deep understanding of the various facets of a distressed company. We participate effectively early in the process, with all stakeholders, in the creation of a strategy and concrete follow-up on a daily basis of the devised action plan.

Our clients in this area are distressed companies and businesses and their shareholders, investment funds and turn-around investors, creditors, Court Administrators and court-appointed officials.

The expertise developed by Cornet Vincent Ségurel has led to its practice being regularly characterised as “excellent” in professional rankings.